PT Eterindo Wahanatama Tbk (ISX:ETWA) Inventory Turnover : 0.72 (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is PT Eterindo Wahanatama Tbk Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. PT Eterindo Wahanatama Tbk's Cost of Goods Sold for the three months ended in Sep. 2023 was Rp4,105.59 Mil. PT Eterindo Wahanatama Tbk's Average Total Inventories for the quarter that ended in Sep. 2023 was Rp5,713.56 Mil. PT Eterindo Wahanatama Tbk's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Eterindo Wahanatama Tbk's Days Inventory for the three months ended in Sep. 2023 was 126.99.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. PT Eterindo Wahanatama Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 948.94.

PT Eterindo Wahanatama Tbk Inventory Turnover Historical Data

The historical data trend for PT Eterindo Wahanatama Tbk's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Eterindo Wahanatama Tbk Inventory Turnover Chart

PT Eterindo Wahanatama Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

4.24

35.93

5.34

8.49

17.02

PT Eterindo Wahanatama Tbk Quarterly Data
	Dec17	Dec18	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial									3.78	0.76	0.72	0.85	0.72

PT Eterindo Wahanatama Tbk Inventory Turnover Calculation

PT Eterindo Wahanatama Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	77194.535	/ (	(3355.223	+	5713.578)	/	2 )
=	77194.535	/	4534.4005
=	17.02

PT Eterindo Wahanatama Tbk's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	4105.588	/ (	(5713.578	+	5713.54)	/	2 )
=	4105.588	/	5713.559
=	0.72

PT Eterindo Wahanatama Tbk (ISX:ETWA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

PT Eterindo Wahanatama Tbk's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	5713.559	/	4105.588	*	365 / 4
	=	126.99

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

PT Eterindo Wahanatama Tbk's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	5713.559	/	6.021
	=	948.94

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

PT Eterindo Wahanatama Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PT Eterindo Wahanatama Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Eterindo Wahanatama Tbk (ISX:ETWA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Eterindo Wahanatama Tbk (ISX:ETWA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav.79, Prudential Tower 20th, Jakarta, IDN, 12910

Website

http://www.eterindo.com

PT Eterindo Wahanatama Tbk is engaged in integrated Palm Oil Plantation and Biodiesel industry, trading of chemical products. The company offers biodiesel for motor vehicles, steam boilers, oil furnaces, generators; and trades in specialty chemical products, including fatty acid methyl ester and other chemicals. The business segment of the company include FAME, Other Chemicals and Fresh Fruit Bunch. The company makes majority of its revenue from Other Chemicals segment.

PT Eterindo Wahanatama Tbk (ISX:ETWA) Headlines

No Headlines